FTC approves Facebook’s Oculus purchase

In a brief announcement yesterday, the Federal Trade Commission approved Facebook’s proposed $2 billion buyout of virtual reality headset maker Oculus VR, Inc.

Second Life's Ahern area as seen with the Oculus Rift. (Image courtesy David Rowe.)
Second Life’s Ahern area as seen with the Oculus Rift. (Image courtesy David Rowe.)

The Facebook purchases promises to accelerate Oculus Rift development and move it beyond its original base of gaming supporters, towards a wider social use.

Maria Korolov

Maria Korolov is a science fiction writer who covers cybersecurity, AI and extended reality as a tech journalist at her day job.
Check out her author page on Amazon or follow her on Twitter, Facebook, or LinkedIn. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now.

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